Tether intends to empower next-generation AI agents with the QVAC platform.
Through Tether’s wallet development kit, the QVAC platform will allow AI agents to transact in USDT and BTC.
Tether, a top-tier stablecoins issuer that is heavily invested in the Bitcoin (BTC) network, announced its QuantumVerse Automatic Computer (QVAC) is in the final phase of the development process. According to the announcement, the QVAC platform will play a crucial role in the mainstream adoption of AI agents.
The QVAC platform allows scalable artificial intelligence (AI) applications and agents to run directly on local devices without necessarily requiring centralized cloud infrastructure. Ultimately, QVAC platform users will have control over their private data.
“Artificial intelligence should empower the next wave of growth for society and humanity, not delegate even more control to corporations that own servers and access keys,” Paolo Ardoino, CEO of Tether, noted.
Market Impact of QVAC Platform on Tether’s Products
The upcoming launch of the QVAC platform will play a crucial role in democratizing the mainstream adoption of Tether’s products, particularly USDT. Moreover, one of the notable features of the QVAC platform is the integrated payment.
Through Tether’s Wallet Development Kit (WDK), the QVAC platform will enable AI agents and applications to autonomously transact in USDT and Bitcoin (BTC). The USDT stablecoin has grown rapidly in the recent past to reach and surpass a market cap of about $150 billion.
“Integrated payments through WDK by Tether also allow AI agents to autonomously transact in Bitcoin and USDt, opening new possibilities for decentralized, self-sustaining AI systems,” the announcement highlighted.
Imagine you’re stuck in traffic, waiting forever to get where you need to go. Now, imagine there’s a new highway built just for you—no traffic, no delays, just smooth sailing. That’s Avalanche (AVAX) in the world of crypto. It’s designed to be faster, cheaper, and more scalable than many of its competitors, including Ethereum. But does it live up to the hype? Let’s dive into everything you need to know about Avalanche.
What is Avalanche?
Avalanche is a blockchain platform that’s designed for speed, low transaction fees, and scalability. Think of it as Ethereum’s faster, younger cousin. It allows developers to create decentralized applications (DApps) and even launch their own blockchains (subnets) while keeping everything running smoothly.
It was built to solve some of the biggest problems in crypto: slow transaction speeds, high fees, and network congestion. Ethereum, for example, sometimes struggles with high fees and slow transactions during peak times. Avalanche aims to fix that by offering near-instant finality and extremely low costs.
At its core, Avalanche has its own cryptocurrency called AVAX. It’s used for staking, paying fees, and securing the network. But the real magic of Avalanche lies in its unique structure. Unlike traditional blockchains, Avalanche operates on three different blockchains, each with a specific purpose. We’ll get into how that works in a bit.
History of Avalanche
Avalanche was created by Ava Labs, a company founded by Emin Gün Sirer, a Cornell University professor and blockchain expert. The project started in 2018, and by 2020, it officially launched.
Here’s a quick timeline:
2018 – The Avalanche consensus mechanism was first introduced by a team of researchers.
2019 – Ava Labs raised funding and started working on the network.
2020 – Avalanche launched its mainnet, making it publicly available.
2021 – Avalanche gained massive traction, with AVAX’s price skyrocketing and partnerships forming.
Since then, it has become one of the top blockchains, attracting developers, institutions, and crypto enthusiasts.
History of Avalanche
2018 – The Avalanche consensus mechanism was first introduced.
2019 – Ava Labs raised funding and started working.
2020 – Avalanche launched its mainnet.
2021 – Avalanche gained massive traction.
How Does Avalanche Work?
Unlike traditional blockchains, Avalanche doesn’t rely on a single chain. Instead, it uses three different chains to improve efficiency:
X-Chain (Exchange Chain) – This handles asset creation and transfers, similar to how Bitcoin is used for transactions.
C-Chain (Contract Chain) – This is where smart contracts are executed, making it compatible with Ethereum’s DApps.
P-Chain (Platform Chain) – This manages validators and helps create custom subnets (individual blockchains).
Why does this matter? Because by splitting tasks between these chains, Avalanche avoids congestion, making transactions super fast and cheap.
For example, Ethereum processes around 15 transactions per second (TPS). Avalanche? It can handle over 4,500 TPS. That’s a game-changer.
Advantages of Avalanche
Avalanche has some major advantages that make it stand out:
Speed – Transactions settle in less than two seconds. No more waiting for minutes or even hours.
Low Fees – Compared to Ethereum’s sometimes ridiculous gas fees, Avalanche keeps costs low.
Scalability – The network doesn’t slow down even when usage increases.
Ethereum Compatibility – Developers can easily move their projects from Ethereum to Avalanche.
Security – Avalanche’s unique consensus mechanism makes it more resistant to attacks.
Eco-Friendly – Unlike Bitcoin, which uses proof-of-work (PoW), Avalanche uses proof-of-stake (PoS), which is much more energy-efficient.
Disadvantages of Avalanche
Competition – Ethereum, Solana, and others are also working on scalability solutions.
Centralization Concerns – Some critics argue that a small number of validators control most of the AVAX supply.
Adoption – While growing, it still needs more developers and projects to truly compete with Ethereum.
Is Avalanche a Good Investment?
This is the big question: should you invest in AVAX?
Like any crypto, AVAX has had its ups and downs. It saw huge gains in 2021, reaching an all-time high of around $146. However, it also faced major corrections.
Here’s why some investors are bullish:
Strong technology – Avalanche’s speed and low fees make it attractive for DApps.
Growing ecosystem – More projects are launching on Avalanche.
Institutional interest – Big players are taking notice.
But there are risks too:
Crypto volatility – Prices can swing wildly.
Regulatory uncertainty – Governments may crack down on crypto.
Competition – Ethereum and others aren’t standing still.
If you believe in Avalanche’s long-term potential, it could be a solid investment. But always do your research and never invest more than you can afford to lose.
Is Avalanche a Good Investment?
Here’s why some investors are bullish:
Strong technology
Growing ecosystem
Institutional interest
But there are risks too:
Crypto volatility
Regulatory uncertainty
Competition
The Future of Avalanche
Avalanche has a bright future, but it won’t be an easy ride. Here’s what could happen next:
More Adoption – If more developers and institutions join, Avalanche could challenge Ethereum.
Better Upgrades – Avalanche continues to improve its scalability and security.
Stronger Partnerships – More collaborations could boost its ecosystem.
Price Growth? – If demand increases, AVAX could see price appreciation.
Of course, nothing is guaranteed in crypto. Avalanche has potential, but it also faces challenges.
Final Thoughts
Avalanche is like the high-speed train of the crypto world. It’s fast, efficient, and designed to handle huge amounts of traffic without slowing down. If you’re into crypto, it’s definitely worth keeping an eye on.
Will it replace Ethereum? Maybe not. But will it play a major role in the future of blockchain? Very likely.
So, whether you’re an investor, developer, or just curious about crypto, Avalanche is one name you should know.
FAQs
What is Avalanche (AVAX) and how does it work?
Avalanche is a fast, low-cost blockchain using three chains (X-Chain, C-Chain, P-Chain) to improve scalability and efficiency.
How is Avalanche different from Ethereum?
Avalanche is faster (4,500 TPS vs. Ethereum’s 15 TPS), has lower fees, and supports subnets for custom blockchains.
Is AVAX a good investment?
AVAX has strong tech, growing adoption, and institutional interest but faces risks like volatility and competition.
What is the future of Avalanche?
Avalanche aims for wider adoption, better upgrades, stronger partnerships, and potential price growth in the crypto space.
The post Learn Avalanche in 7 Minutes: A Step-by-Step Guide appeared first on Coinpedia Fintech News
Imagine you’re stuck in traffic, waiting forever to get where you need to go. Now, imagine there’s a new highway built just for you—no traffic, no delays, just smooth sailing. That’s Avalanche (AVAX) in the world of crypto. It’s designed to be faster, cheaper, and more scalable than many of its competitors, including Ethereum. But …
Asset manager ARK Invest has updated its Bitcoin (BTC) price projections for 2030, now forecasting a bullish scenario where the cryptocurrency could reach $2.4 million per coin. This represents a potential rise of over 2,400% from BTC’s current price.
The updated forecast follows the firm’s previous prediction of $1.5 million. The 60% increase reflects optimism about Bitcoin’s potential.
Will Bitcoin Surge 2,400% by 2030?
According to the latest report, ARK Invest expects Bitcoin to experience a compound annual growth rate (CAGR) of 72% under the bullish scenario. Research analyst David Puell also revealed the updated Bitcoin price projections in the bear and base case scenarios.
The bear case is revised upwards from $300,000 to $500,000, with a CAGR of approximately 32%. Similarly, the base case scenario increased from $710,000 to $1.2 million, reflecting a CAGR of around 53%.
Secondary factors include more countries, including the US, adopting BTC as a reserve asset. Corporate treasuries are also diversifying into Bitcoin, inspired by companies like Strategy (formerly MicroStrategy). Additionally, Bitcoin’s on-chain financial services could drive capital inflows by replacing legacy financial systems.
“While institutional investment contributes the most to our bull case. Interestingly, nation-state treasuries, corporate treasuries, and Bitcoin’s decentralized financial services contribute relatively little in each case,” Puell noted.
Factors Contributing to Ark’s Bitcoin Price Prediction. Source: Ark Invest
Ark’s Bitcoin price prediction for 2030 is based on analyzing Total Addressable Markets (TAMs) and penetration rates across key contributors. It also considers Bitcoin’s deterministic supply schedule. This is projected to reach around 20.5 million units by 2030.
A key innovation in this year’s model is using Bitcoin’s “active supply,” which discounts lost or long-held coins. This approach leads to price targets approximately 40% higher than those based on the base model.
“The estimates constructed with this more experimental methodology are more aggressive than those in our bear, base, and bull cases,” the report added.
Bitcoin’s Bullish Price Forecasts
Meanwhile, Ark isn’t alone in its bullish outlook. Michael Saylor, founder and chairman of Strategy, recently forecasted that Bitcoin’s market capitalization will eventually reach $500 trillion, surpassing gold, real estate, and long-term financial assets to become the leading store of value.
Meanwhile, Standard Chartered foresees Bitcoin going as high as $500,000 by 2028. Adding to the optimistic outlook, IREN’s CEO, Daniel Roberts, stressed that Bitcoin could reach $1 million within the next five years. Thomas Fahrer, co-founder of Apollo, shares a similar outlook.
However, according to Samson Mow, CEO of Pixelmatic, BTC’s value could surge to $1 million by the end of 2025. In addition, investment bank H.C. Wainwright also updated its 2025 Bitcoin price target, raising it from $145,000 to $225,000. Lastly, even with the price volatility, Fundstrat co-founder Tom Lee stated that BTC could do better than $150,000 in 2025.
While the numbers reflect the market’s strong belief in the largest cryptocurrency, it remains to be seen whether these predictions will actually come true.
Bitcoin price has made a bold uptrend this week as it reclaims $90,000 for the first time in nearly two months. This rally has been attributed to a wide range of factors, including rising inflows to spot BTC ETFs, but one analyst has said that this pump might not last as it is simply driven by leverage. Other analysts have also attributed the gains to macro factors like the declining value of the US dollar.
Why This Bitcoin Price Rally May Be Fake
Bitcoin price is currently approaching its highest level in two months despite growing skepticism among some analysts that this rally might reach exhaustion. Per analyst Maartunn on X, this rally was a “leverage-driven Easter pump” after Bitcoin recently added more than $2 billion in open interest within 24 hours.
Bitcoin Open Interest
The rising open interest is also seen on Coinglass data after this metric hit $60 billion, which is the highest level in two months. Another analyst known as TXMC observed that the rapid surge in OI indicates that the ongoingBTC price rally might fade. He opined,
“If Bitcoin ever breaks away into a bona fide decoupling from other risk assets, it won’t be fueled by over $1.5B worth of leveraged futures longs opening in a 24-hour period.”
Besides therising BTC’s open interest, TXMC added that this rally is also stemming from the weakening value of the US dollar. The US dollar index has plunged to its lowest level in more than three years amid the ongoing tariff war, and this is benefiting the Bitcoin price. He said,
“Bitcoin priced in dollars is about 7-8% higher than Bitcoin priced in other major currencies, relative to the Jan 20 top.”
The third reason behind the risingBTC value today is the rising inflows to spot BTC ETFs, suggesting that institutions are also buying into the ongoing rally. Data from SoSoValue shows that on April 21, inflows to these products reached $381M, marking the highest level since late January.
Will BTC Price Crash to $80,000?
Despite the ongoing concerns about a possible correction in Bitcoin price after the recent rally, the king coin might avoid a crash to $80,000 due to bullish technical indicators and macroeconomic conditions.
Analyst MerlijnTrader on X shared a bullishBitcoin price prediction on X after the coin formed a classic double bottom pattern, which often precedes significant upswings. He noted that BTC might drop to test support at the neckline of $86,900 in the near term before resuming the uptrend and possibly flip $100,000.
BTC Price Chart
At the same time, trader DaanCrypto noted thatBitcoin can extend the rally if it makes a decisive daily close above the psychological price level of $90,000. However, if it fails to flip the 200-day MA and the trend reverses to cause a downtrend below the support at $85,000, it could crash to $80,000.
Meanwhile, BitMEX co-founder Arthur Hayes noted that as the US dollar weakens, the US bond market will be in a crisis. This will also attract capital inflow to BTC and support the uptrend as investors choose to abandon the greenback for assets such as crypto and gold.
Therefore, amid these factors, it is likely that the Bitcoin price might avoid a crash to $80,000 in the near term. However, if it faces rejection at $90,000, it might drop to test the support level of $85,000 and consolidate within this range if the selling pressure eases.
